Department of Commerce and Business Management,

Kakatiya University, Warangal

B.Com Final Year – V Semester

BC501: Consumerism
Max. Marks: 40UE+10IA

UNIT – I: Consumerism- Concept - Need and Scope of Consumerism- Origin of Consumer

Movement – Consumer movement in India- Marketization and Consumerism in India -
Consumer in India - Consumer of goods and services - Professional services -
Medical, legal, educational and welfare services- Rights and Responsibilities of
Consumerism- Unfair Trade Practices –Consumer Voluntary Organisations

UNIT – II: Consumer Protection Act, 1986 – Objectives – Definition of Terms – complainant,
consumer dispute, defect, deficiency in service, service, unfair trade practices,
restrictive trade practices - UN guidelines for Consumer Protection. Emergence of new
Consumer Movements: Green Consumerism. Consumer action groups, consumer
resistance, consumer boycotts, lobbying, consumer guidance - Nature and Functions-
Role and working of Consumer Voluntary Organisations in Grievance Settlement.

Suggested Readings:

1. Paul M.C., Consumer Redressal System and Consumer Protection in India, Kalpaz
Publications, 2015.
2. Darmanand Mishra, Consumer Protection, APH Publishing Corporation, 2012.

1
Department of Commerce and Business Management,
Kakatiya University, Warangal

B.Com Final Year – V Semester

BC502: Organizational Behaviour

2
 Department of Commerce and Business Management,
Kakatiya University, Warangal

B.Com Final Year – V Semester

BC503: Cost Accounting

Max. Marks: 80UE+20IA

UNIT-I: INTRODUCTION: Cost Accounting: Definition – Features – Objectives – Functions

– Scope – Advantages and Limitations - Essentials of a good cost accounting system- Difference
between Cost Accounting and Financial Accounting – Cost concepts – Cost Classification –
Preparation of cost sheet(including problems)

UNIT-II: MATERIAL: Direct and Indirect Material cost – Inventory Control Techniques – Stock
Levels – EOQ – ABC Analysis – JIT-VED-FSND -Issue of Materials to Production – Pricing
methods: FIFO-LIFO with Base Stock and Simple and Weighted Average methods. (Including
problems)

UNIT-III: LABOUR AND OVERHEADS: Labour: Direct and Indirect Labour Cost – Methods of
Payment of Wages (only Incentive Plans): Halsey, Rowan, Taylor Piece Rate and Merrick Multiple
Piece Rate Methods. Overheads: Classification - Methods of Allocation - Apportionment and
Absorption of overheads. (including problems)

UNIT-IV: UNIT COSTING AND JOB COSTING: Unit Costing: Features - Cost Sheet – Tender
and Estimated Cost Sheet. Job Costing: Features - Objectives – Procedure - Preparation of Job Cost
Sheet.(including problems)

UNIT-V: CONTRACT AND PROCESS COSTING: Contract Costing: Features - Procedure of

Contract Costing – Guidelines to Assess profit on incomplete Contracts – Advantages Process
Costing: Meaning – Features – Preparation of Process Account – Normal and Abnormal
Losses.(including problems)

SUGGESTED BOOKS:
1. Cost Accounting: Jain and Narang, Kalyani
2. Cost Accounting: M.N. Arora, Himalaya
3. Cost and Management Accounting: PrashantaAthma, Himalaya
4. Cost Accounting: Jawaharlal, Tata Mcgraw Hill
5. Cost Accounting: Theory and Practice: Banerjee, PHI
6. Introduction to Cost Accounting: Tulsian, S.Chand
7. Cost Accounting: Horngren, Pearson
8. Cost Accounting: Ravi M. Kishore, Tax Mann Pulications.

3
 Department of Commerce and Business Management,
Kakatiya University, Warangal

B.Com Final Year – V Semester

BC504: Business Law
Max. Marks: 80UE+20IA
UNIT–I: INTRODUCTION TO INDIAN CONTRACT ACT 1872:
Development of Business Law - Development of Law in Independent India Contract Act 1872:
Agreement and contract - Essentials of a valid contract - Types of contracts - Offer and
Acceptance- Essentials of valid offer and acceptance - Communication and revocation of offer and
acceptance - Consideration definition - Essentials of valid consideration - Doctrine of “Stranger to
a contract”- “No consideration- No contract” - Capacity to a contract - Minors agreements.
UNIT–II: INDIAN CONTRACT ACT 1872:
Legality of Object and Consideration - Agreements Expressly Declared To Be Void - Wagering
Agreements - Contingent Contracts.
Discharge of Contract: Modes of Discharge - Performance of Contracts - Breach of Contract -
Remedies for Breach.
UNIT–III: SALE OF GOODS ACT 1930:
Contract of Sale: Essentials of Valid Sale - Sale and Agreement to Sell – Definition and Types of
Goods - Conditions and Warranties - Caveat Emptor - Exceptions - Transfer or Passing of
Property: Time When Property Passes, Rules of Transfer of Property, Transfer of Ownership -
Sale by Non-Owners and its Exceptions - Unpaid Seller - Rights of Unpaid Seller.
Consumer Protection Act 1986: Definitions of Consumer – Person – Goods - Service -Consumer
Dispute - Unfair Trade Practice - Restrictive Trade Practice – Defect - Deficiency - Consumer
Protection Councils - Consumer Dispute Redressal Agencies - District Forum - State Commission
and National Commission - Procedure to Lodge a Complaint for Redressal – Appeals.
UNIT–IV: TRADE MARKS, PATENTS, COPY RIGHTS & INTELLECTUAL PROPERTY
RIGHTS:
Trade Marks: Definition - Procedure for Registration of Trade Marks - Patents: Definition- Kinds
of Patents- Transfer of the Patent Rights- Rights of the Patentee- Copy Rights: Definition- Essential
Conditions for Copy Rights to be Protected-Rights of the Copyright Owner-Terms of Copy Right-
Copy Rights Infringement - Other Intellectual Property Rights: Trade Secrets - Geographical
Indications.
UNIT–V: INFORMATION TECHNOLOGY ACT & ENVIRONMENTAL PROTECTION
ACT:
Information TechnologyAct-2000: Objectives - Digital Signature - Electronic Governance -
Penalties and Adjudication.
Environmental Protection Act 1986: Object - Scope and Scheme of the Act – Definitions - General
Powers of the Central Government – Prevention - Control and Abetment of Environmental
Pollution – Offences and Penalties.
SUGGESTED BOOKS:
1) Company Law: Kapoor, Sultan Chand and Co.
2) A Manual of Business Laws: S.N. Maheshwari& S.K. Maheshwari, Himalaya
3) Business Laws: KC Garg & RC Chawla ,Kalyani Publishers.
4) Business Law: PC Tulsian& Bharat Tulsian, McGraw Hill Education
5) Business Law: TejpalSheth, Pearson.
6) Business Law: MC Kuchal&VivekKuchal, Vikas Publishing House.

4
 Department of Commerce and Business Management,
Kakatiya University, Warangal
B.Com Final Year – V Semester
BC505: Banking Theory & Practice
Max. Marks: 80UE+20IA
UNIT-I: INTRODUCTION:
Origin and Growth of Banking in India - Functions of Commercial Banks financial inclusion-
public vs. private sector banks- foreign banks-payment banks-universal banking-Emerging Trends in
Commercial Banking in India: E-Banking – Mobile Banking - Core Banking – Bank Assurance –
OMBUDSMAN—types of deposits-time deposits-current and savings accounts-importance of
current and savings accounts—zero balance accounts.
UNIT-II: RESERVE BANK OF INDIA:
RBI -Functions–control of credit–objectives—instruments-repo rate-reverse repo rate-bank rate-
statutory liquidity ratio-cash reserve ratio-money market-role of RBI in money market—role of
RBI in exchange rate.

UNIT-III: WORKING OF COMMERCIAL BANKS AND TYPES OF BANKS :

Prudential norms-income recognition, asset classification, investments and provisioning--concepts
of base rate and net interest margin-importance of Current and Types of banks-Co-Operative Banks
–Regional Rural Banks -National Bank for Agriculture and Rural Development (NABARD)
UNIT-IV: BANKER AND CUSTOMER RELATIONSHIP:
Definition of Banker and Customer - Relationship Between Banker and Customer - KYC norms-
General and Special Features of Relationship –precautions to be taken by a banker in opening of
accounts of special Types of Customers Like Minor, Married Women, Partnership Firms,
Companies, Clubs and other Non-Trading Institutions.

UNIT-V: NEGOTIABLE INSTRUMENTS:

Descriptions and their Special Features - Duties and Responsibilities of Paying and Collecting
Banker - Circumstances under which a Banker can refuse Payment of Cheques – Consequences of
Wrongful Dishonors - Precautions to be taken while Advancing Loans Against Securities – Goods -
Documents of Title to Goods - Loans against Real Estate -Insurance Policies - Against Collateral
Securities – Banking Receipts.
Rule in Clayton’s Case - Garnishee Order – Loans against Equitable Mortgage - Legal Mortgage-
Distinction between them - Latest Trends in Deposit Mobilization.
SUGGESTED BOOKS:
1. Banking Theory & Practices: Dr. P. K. Srivatsava, Himalaya Publishers
2. Banking Theory & Practices: K.E. Shekar, Vikas Publications
3. Banking Theory, Law & Practices: R. R Paul, Kalyani Publishers
4. Banking: N.T. Somashekar, New Age International Publishers
5. Fundamentals of International Banking: Rup Narayan Bose, Trinity Publishers
6. Modern Commercial Banking: H.R. Machiraju, New Age International Publishers
7. Banking Theory & Practices: R. Rajesh, Tata McGraw Hill
8. Merchant Banking & Financial Services: S. Guruswamy, Tata McGraw Hill
9. Management of Banking & Financial Services; Padmalatha Suresh, Pearson
10. Modern Banking: D. Muralidharan, PHI.

5
 Department of Commerce and Business Management,
Kakatiya University, Warangal
B.Com Final Year – V Semester
BC506: Computerized Accounting
Max. Marks: 80UE+20IA
UNIT-I: COMPUTERIZED ACCOUNTING:
Introduction–Importance-Application -Advantages and disadvantages – Difference between
Manual Accounting and Computerised Accounting – Features of Accounting packages – Creation
of Company–Groups–Ledgers, Pre-defined vouchers - Displaying - Altering – Deleting of
vouchers, ledger and company.- Reports: Account Books – Registers - Statement of Accounts -
Bank Reconciliation Statement - Day Book – Cash and Bank Books- Final Accounts of Sole
Traders: Trail Balance - Profit and Loss Account - Balance Sheet.

UNIT-II: ACCOUNTS WITH INVENTORY:

Creation of Company with inventory and stock – Creation of Groups - Stock categories - Stock
items – Godowns - Units of Measure - Inventory Vouchers - Pure Inventory Vouchers - Creating
purchase order & Sales order – Invoicing - Display of inventory reports & statements.

UNIT-III: FINAL ACCOUNTS OF BUSINESS ORGANISATIONS:

Preparation of Final Accounts for Nonprofit organizations-Partnership firms - Corporate companies
- Bank Accounts.

UNIT-IV: COST AND MANAGEMENT ACCOUNTING:

Preparation of Stores Legers – Job costing - Common size statement - Funds Flow Statement -
Cash Flow Statement-Ratio Analysis

UNIT-V: TAX ACCOUNTING:

Tax applications- Introduction to VAT - VAT activation and classification - VAT computation -
Composite VAT - Input VAT on capital goods

SUGGESTED BOOKS:
1. Computerized Accounting: A.Murali Krishna, Vaagdevi publications
2. Aakash Business Tools: Spoken Tutorial Project IIT Bombay
3. Mastering Tally: Dinesh Maidasani, Firewal Media
4. Implementing Tally ERP 9: A.K Nadhani and K.K Nadhani, BPB Publications
5. Computerised Accounting and Business Systems: KalyaniPublications
6. Manuals of Respective Accounting Packages
7. Tally ERP 9: J.S. Arora, KalyaniPublications.
8. Business accountingusing Tally ERP.9 by Tally Education

6
 Department of Commerce and Business Management,
Kakatiya University, Warangal

B.Com Final Year – V Semester (General)

BC507: FINANCIAL MANAGEMENT

Max. Marks: 80UE+20IA

UNIT–I: INTRODUCTION:
Financial Management: Meaning - Nature and Scope – Importance - Objectives - Profit
Maximization vs Wealth Maximization – Traditional Functions of Finance Manager – Changing
Role of Finance Manager – Relationship between Financial Management and Other Management
Areas (Theory).

UNIT–II: FINANCIAL PLANNING:

Sources of Finance - Financial Planning: Meaning and Definition – Objectives – Characteristics –
Process – Factors - Limitations (Theory).

UNIT–III: CAPITALIZATION:
Meaning of Capital and Capitalization – Sources of Capital - Theories of Capitalization – Over
Capitalization: Meaning -Causes – Consequences - Remedies - Under Capitalization: Meaning –
Causes – Consequences - Remedies - Comparison of Under and Over Capitalization – Watered
Stock (Theory).

UNIT–IV: COST OF CAPITAL:

Meaning and Definition – Significance – Classification of Costs – Problems in Determination of
Cost of Capital – Cost of Debt - Cost of Perpetual and Redeemable Debt - Cost of Preference
Capital - Cost of Equity Capital – Cost of retained earnings-Weighted Average Cost of Capital
(Simple Problems).

UNIT–V: CAPITAL STRUCTURE:

Meaning – Importance – Factors – Types – Optimal Capital Structure – Theories of Capital
Structure: Net Income Approach - Net Operating Income Approach - Traditional Approach -
Modigliani and Miller Approach (Simple Problems).

SUGGESTED READINGS:

1. Financial Management: I M Pandey, Vikas Publishing House Pvt Ltd.

2. Financial Management:M.Y. Khan & P.K. Jain, Tata McGraw-Hill
3. Financial Management: Shashi K. Gupta & R.K. Sharma, Kalyani Publishers,
4. Financial Management: R.M. Srivastava, Himalaya Publishing House, Hyderabad.
5. Financial Management:Prasanna Chandra,McGraw Hill
6. Financial Management: Rustagi, Taxman Publications.
7. Fundamentals of Financial Management: Sharan,Pearson

7
 Department of Commerce and Business Management,
Kakatiya University, Warangal

B.Com III Year – V Semester (General)

BC508: PRINCIPLES OF MARKETING

Max. Marks: 80UE+20IA

UNIT-I: INTRODUCTION:
Meaning and Definition of Marketing – Scope – Evolution of Marketing Concept - Production
concept - Product concept - Marketing Myopia – Selling Concept - Marketing Concept - Societal
Marketing Concept - Objectives - Role of Marketing in Economic Development - Marketing Mix -
Direct Marketing - Online Marketing Challenges and Opportunities - Marketing of Services.

UNIT-II: MARKET ENVIRONMENT:

Micro Environment: Company – Suppliers - Marketing Intermediaries – Customers – Competitors -
Publics - Macro Environment: Demographic – Economic – Natural – Technological – Political -
Legal (Consumer Protection Act 1986) and Regulatory - Cultural - Social - International Marketing
GATT & WTO.

UNIT-III: MARKET SEGMENTATION:

Concept of Target Market - Diffused Market - Concentrated Market - Clustered Market - Market
Segmentation: Concept – Bases – Benefits - Requirement for Effective Segmentation - Market
Segmentation Analysis for Consumer and Services - Product Positioning: Concepts - Bases.

UNIT-IV: CONSUMER BEHAVIOUR:

Consumer Behavior: Nature – Scope – Importance - Factors: Economic – Psychological – Cultural
- Social and Personal - Steps in consumer Decision Process - Post Purchase Behavior - Cognitive
Dissonance - Organizational Buyer - Industrial Markets - Reseller Market - Government Market -
Characteristics of Organizational Buyer - Organizational Buying Process - Organizational Buyer
Vs. Consumer Behavior.
UNIT-V: MARKET RESEARCH & ETHICS IN MARKETING:
Market Research: Meaning - Definition - Marketing Research Process: Defining the Objectives of
Research – Need - Designing the Research Project - Data Collection Process - Analyzing Data -
Presenting Results - Scope of Marketing Ethics - Ethical issues Associated with Marketing
Decisions Creating an Ethical climate in work place - Influence of personal Ethics.

SUGGESTED READINGS:
1. Principles of Marketing: Philip Kotler, Pearson.
2. Marketing Management: Philip Kotler, Kevinlane Keller, Abraham Koshy, and Pearson.
3. Marketing: Dhruv Grewal, Michael levy, Tata McGraw Hill.
4. Marketing Management: Dr. K. Karunakaran, Himalaya Publications.
5. Marketing Management: Ramaswamy&Namakumari, Tata Mc GrawHill Publication.
6. Marketing Management: CN Sontakki, Kalyani Publication.

8
 Department of Commerce and Business Management,
Kakatiya University, Warangal

B.Com III Year – V Semester (Finance)

BCO507: FINANCIAL MANAGEMENT

Max. Marks: 80UE+20IA

UNIT–I: INTRODUCTION:
Financial Management: Meaning - Nature and Scope – Importance - Objectives - Profit
Maximization vs Wealth Maximization – Traditional Functions of Finance Manager – Changing
Role of Finance Manager – Relationship between Financial Management and Other Management
Areas (Theory).

UNIT–II: FINANCIAL PLANNING:

Sources of Finance - Financial Planning: Meaning and Definition – Objectives – Characteristics –
Process – Factors - Limitations (Theory).

UNIT–III: CAPITALIZATION:
Meaning of Capital and Capitalization – Sources of Capital - Theories of Capitalization – Over
Capitalization: Meaning -Causes – Consequences - Remedies - Under Capitalization: Meaning –
Causes – Consequences - Remedies - Comparison of Under and Over Capitalization – Watered
Stock (Theory).

UNIT–IV: COST OF CAPITAL:

Meaning and Definition – Significance – Classification of Costs – Problems in Determination of
Cost of Capital – Cost of Debt - Cost of Perpetual and Redeemable Debt - Cost of Preference
Capital - Cost of Equity Capital – Cost of retained earnings-Weighted Average Cost of Capital
(Simple Problems).

UNIT–V: CAPITAL STRUCTURE:

Meaning – Importance – Factors – Types – Optimal Capital Structure – Theories of Capital
Structure: Net Income Approach - Net Operating Income Approach - Traditional Approach -
Modigliani and Miller Approach (Simple Problems).

SUGGESTED READINGS:

1. Financial Management: I M Pandey, Vikas Publishing House Pvt Ltd.

2. Financial Management:M.Y. Khan & P.K. Jain, Tata McGraw-Hill
3. Financial Management: Shashi K. Gupta & R.K. Sharma, Kalyani Publishers,
4. Financial Management: R.M. Srivastava, Himalaya Publishing House, Hyderabad.
5. Financial Management:Prasanna Chandra,McGraw Hill
6. Financial Management: Rustagi, Taxman Publications.
7. Fundamentals of Financial Management: Sharan,Pearson.
8. Financial Management: Tulsian, S. Chand.
9. Financial Management: Satish B Mathur, Trinity Press.
10. Fundamentals of Financial Management: D.Chandra Bose, PHI.

9
 Department of Commerce and Business Management,
Kakatiya University, Warangal

B.Com III Year – V Semester (Finance)

BC508: FINANCIAL SERVICES

Max. Marks: 80UE+20IA
UNIT–I: INTRODUCTION:
Financial Services: Meaning-Functions- Classification- Scope – Fund Based Activities - Non-fund
Based Activities – Modern Activities - Causes for Financial Innovation – New Financial Products
and Services – Innovative Financial Instruments – Challenges Facing the Financial Service Sector
– Present Scenario.
UNIT–II: MERCHANT BANKING:
Definition – Origin of Merchant Banking in India – Merchant Banks and Commercial Banks –
Services of Merchant Banks – Qualities of Merchant Bankers – Merchant Bankers as Lead
Managers – Guidelines – Merchant Bankers Commission – Progress of Merchant Banking in India
– Problems and Scope of Merchant Banking in India.
UNIT-III: VENTURE CAPITAL:
Venture Capital: Meaning, Features, Scope, Importance, Origin – Initiative in India – Venture
Capital Guidelines – Method of Venture Financing – Indian Scenario – Suggestions for the Growth
of Venture Capital.
UNIT–IV: HIRE PURCHASE AND LEASING:
Hire Purchase:Features – Legal Position – Hire Purchase and Credit Sales – Hire Purchase and
Installment Sale – Hire Purchase and Leasing – Origin and Development – Banks and Hire
Purchase Business.
Leasing: Definition – Steps in Leasing Transactions – Types of Lease – Financial Lease –
Operating Lease – Leverage Lease – Sale and Lease Back – Advantages and Disadvantages of
Lease-Structure of Leasing Industry – Problems and Prospects.
UNIT–V: DISCOUNTING, FACTORING AND FORFEITING:
Discounting:Concept – Types of Bills – Differences between Bill Purchase, Bill Discounting and
Bill Negotiating – Advantages of Bill Discounting – RBI Guidelines to control misuse of bill
discounting.
Factoring and Forfeiting: Meaning and Nature of Factoring – Parties in Factoring – Merits and
Demerits of Factoring – Types – Factoring in India – Factoring Regulation Act, 2011 – Parties to
Forfeiting – Costs of Forfeiting – Benefits of Forfeiting for Exporters and Importers – Recent
Developments in Solving Problems in Forfeiting – Differences between Factoring and Forfeiting.

SUGGESTED READINGS:

1. Financial Institutions & Markets: Shashi K Gupta, Nisha Aggarwal &Neeti Gupta, Kalyani.
2. Financial Markets and Services: Gordon and Natarajan, Himalaya Publishing House.
3. Financial Services: Dr. C Satyadevi, S. Chand & Company Pvt. Ltd.
4. Financial Services and Markets: Dr. Punithavathy Pandian, Vikas Publishing House Pvt. Ltd.
5. Indian Financial System: Dr. S C Bihari, International Book House Pvt. Ltd.
6. Financial Services:M.Y. Khan, Tata Mc-Graw Hill.
7. Financial Services: T. Siddaiah, Pearson Education.Publishers

10
 Department of Commerce and Business Management,
Kakatiya University, Warangal

B.Com III Year – V Semester (Accounting)

BC507: Financial Statement Analysis

Max. Marks: 80UE+20IA

UNIT-I: INTRODUCTION:

Financial Statements: Meaning – Components: Assets – Liabilities – Equity - Income and

Expenditure and their features – Constituents: Income Statement and Balance Sheet their features -
Information incorporated and their Qualitative requirements - Limitations. (Theory only)

UNIT-II: TECHNIQUES OF FINANICAL STATEMENT ANALYSIS:

Meaning – Objectives - Techniques: Comparative Statement, Common Size Statement, Trend
Analysis.(Including problems)

UNIT-III: RATIO ANALYSIS:

Meaning – Objectives – Classification – Advantages and Limitations – Computation of various
ratios: Activity Ratios - Liquidity Ratios - Solvency Ratios - Profitability Ratios.( including
problems)

UNIT-IV: FUNDS FLOW ANANLYSIS:

Concept of Fund – Meaning and Importance – Statement of Changes in Working Capital –
Statement of Sources and Application of Funds – Limitations (Including problems)

UNIT-V: CASH FLOW ANALYSIS (AS-3):

Meaning – Importance – Differences between Funds Flow and Cash Flow Statements – Procedure
for preparation of Cash Flow Statement (including problems)

SUGGESTED READINGS:
1. Financial Statement Analysis: George Foster, Pearson
2. Financial Statement Analysis: K R Subramanyam, TMH
3. Financial Statement Analysis: George Foster, Pearson ----Repeated ---Pl. delete
4. Advanced Management Accounting: Ravi M Kishore, Taxmann
5. Management Accounting: S.P.Gupta
6. Accounting for Managerial Decisions: Shashi K Gupta, Kalyani Publishers

11
 Department of Commerce and Business Management,
Kakatiya University, Warangal

B.Com III Year – V Semester (Accounting)

BC508: Indian Accounting Standards

Max. Marks: 80UE+20IA

UNIT-I: INTRODUCITON:
Accounting Standards: Meaning - Need – Importance - Compliance with Accounting Standards –
Scope. Accounting Standards Board of India: Objectives – Procedure for Issue Accounting
Standards – IAS and IFRS.

UNIT-II: AS 1 to AS 9:
AS-1: Disclosure of Accounting Policies – AS-2: Valuation of Inventories – AS-3: Cash Flow
Statement – AS-4: Contingencies and Events Occurring after Balance Sheet Date – AS-5: Net
Profit / Loss for the Period, Prior Period, Extraordinary Items and Changes in Accounting Policies
– AS-6: Depreciation Accounting – AS-7: Accounting for Construction Contracts – AS-9: Revenue
Recognition.

UNIT-III: AS-10 to AS-17:

AS-10: Accounting for Fixed Assets – AS-11: Accounting for the Effects of Changes in Foreign
Exchange Rates – AS-12: Accounting for Government Grants – AS-13: Accounting for
Investments – AS-14: Accounting for Amalgamations – AS-15: Accounting for Employee Benefits
- AS-16: Accounting for Borrowing Costs - AS-17: Segment Reporting.

UNIT-IV: AS-18 to AS-24:

AS-18: Related Party Disclosures – AS-19: Accounting for Leases – AS-20: Earnings Per Share –
AS-21: Consolidated Financial Statements - AS-22: Accounting for Taxes on Income – AS-23:
Accounting for Investments in Associates in Consolidated Financial Statements – AS-24:
Discontinuing Operations.

UNIT-V: AS-25 to AS-32:

AS-25: Interim Financial Reporting – AS-26: Accounting for Intangibles – AS-27: Financial
Reporting of Interests in Joint Ventures – AS-28: Impairment of Assets - AS-29: Provisions,
Contingent Liabilities & Contingent Assets – AS-30: Financial Instruments – Recognition and
Measurement – AS-31: Financial Instruments – Presentation – AS-32: Financial Instruments –
Disclosures.

SUGGESTED READINGS:
1. Accounting Theory and Practice: Jawaharlal, Himalaya Publishing Company
2. Accounting Standards: Rawat D.S, Taxmann Allied Services Private Limited
3. IFRS Concepts and Applications: Kamal Garg, Bharat Law House Pvt. Limited
4. Accounting Theory: Porwal L.S, TataMcGraw-Hill Publishing Company
6. Accounting Theory & Management Accounting: Jain S.P. &Narang K.L, Kalyani
7. Accounting Standards and Corporate Accounting Practices: Ghosh T.P, Taxmann

12
 Department of Commerce and Business Management,
Kakatiya University, Warangal

B.Com Final Year – V Semester (Computer Applications)

BC507: E-COMMERCE

Max.Marks: 50UE+30P+20IA
UNIT-I: INTRODUCTION:
E-Commerce: Meaning- Advantages & Limitations - E-Business: Traditional & Contemporary
Model, Impact of E-Commerce on Business Models - Classification of E-Commerce: B2B- B2C -
C2B - C2C - B2E - Applications of Ecommerce: E-Commerce Organization Applications - E-
Marketing - E- Advertising - E-Banking - Mobile Commerce - E-Trading - E-Learning - E-
Shopping.
UNIT-II:FRAMEWORK OF E-COMMERCE:
Framework of E-Commerce: Application Services - Interface Layers - Secure Messaging -
Middleware Services and Network Infrastructure - Site Security - Firewalls & Network Security -
TCP/IP – HTTP - Secured HTTP – SMTP - SSL.
Data Encryption: Cryptography – Encryption – Decryption - Public Key - Private Key - Digital
Signatures - Digital Certificates.

UNIT-III:CONSUMER ORIENTED E-COMMERCE APPLICATIONS:

Introduction - Mercantile Process Model: Consumers Perspective and Merchant’s Perspective -
Electronic Payment Systems: Legal Issues & Digital Currency - E-Cash & E-Cheque - Electronic
Fund Transfer (EFT) - Advantages and Risks - Digital Token-Based E-Payment System - Smart
Cards.

UNIT-IV:ELECTRONIC DATA INTERCHANGE:

Introduction - EDI Standards - Types of EDI - EDI Applications in Business – Legal - Security and
Privacy issues if EDI - EDI and E-Commerce - EDI Software Implementation.

UNIT-V: E-MARKETING TECHNIQUES:

Introduction - New Age of Information - Based Marketing - Influence on Marketing - Search
Engines & Directory Services - Charting the On-Line Marketing Process - Chain Letters -
Applications of 5P’s (Product, Price, Place, Promotion, People) E-Advertisement - Virtual Reality
& Consumer Experience - Role of Digital Marketing.

SUGGESTED READINGS:

1. Frontiers of Electronic Commerce: Ravi Kalakota, Andrew B Whinston, Pearson

2. E-Commerce: An Indian Perspective: P.T. Joseph, S.J, PHI
3. Electronic Commerce, Framework Technologies & Applications: Bharat Bhasker, McGraw Hill
4. Introduction To E-Commerce: Jeffrey F Rayport, Bernard J. Jaworski: Tata McGraw Hill
5. Electronic Commerce, A Managers' Guide: Ravi Kalakota, Andrew B Whinston
6. E-Commerce & Computerized Accounting: Rajinder Singh, Er. KaisarRasheed, Kalyani
7. E-Commerce & Mobile Commerce Technologies: Pandey, Saurabh Shukla, S. Chand
13
 Department of Commerce and Business Management,
Kakatiya University, Warangal
B.Com Final Year – V Semester (Computer Applications)

BC508: OBJECT ORIENTED PROGRAMMING IN C++

Max. Marks: 50UE+30P+20IA

UNIT-I: INTRODUCTION:
Object Oriented Programming: Concepts – Benefits – Languages-Structured vs. Object Oriented
Programming. C++: Genesis - Structure of a program – Tokens - Data Types – Operators - Control
Structures - C vs C++ - Functions.

UNIT-II: CLASSES, OBJECTS, CONSTRUCTORS AND DESTRUCTORS:

Encapsulation - Hiding - Abstract data types - Object &Classes – Attributes - Methods - C++ class
declaration - State identity and behaviour of an object. Purpose of Constructors - Default
Constructor - Parameterized Constructors - Copy Constructor - Instantiation of objects - Default
parameter value - Object types - C++ garbage collection - Dynamic memory allocation – Meta
class/ Abstract classes.

UNIT-III: OVERLOADING, CONVERSIONS, DERIVED CLASSES AND INHERITANCE:

Function and Operator Overloading - Overloading Unary and Binary Operators - Data and Type
Conversions -Derived Classes - Concept of Reusability - Visibility modes - Types of Inheritance -
Single and Multiple Inheritance - Multilevel Inheritance.

UNIT-IV: POLYMORPHISM, VIRTUAL FUNCTION, STREAMS AND FILES:

Polymorphism - Virtual - Classes - Pointer to Derived class - Virtual functions - Rules for Virtual
function - Pure Virtual functions-Stream Classes - Types of I/O - Formatting Outputs - File
Pointers – Buffer -C++ Stream - Unformatted console I/O operations – Functions: get( ) - put( ) –
formatted console I /O operations - IOS class format functions - Manipulators.

UNIT–V: EXCEPTION HANDLING AND DATA STRUCTURES IN C++:

Exceptions in C++ Programs - Try and Catch Expressions - Exceptions with arguments.
Data Structures: Introduction - Linked list - Stacks - Queues.

SUGGESTED READINGS:

1. Objected Oriented Programming with C++: E.Balagurusamy, McGrawHill.

2. C++ Programming-A Practical Approach:MadhusudanMothe, Pearson.
3. Object Oriented Programming Using C++: Chadha&Chadha, Kalyani.
4. Programming in C++: A.N.Kamthane, Pearson.
5. The Complete Reference C++: H.Schildt, McGrawHill.
6. C++:How to Program: Deitel&Deitel, PHI.
7. Mastering C++: KR.Venugopal&R.Buyya, McGrawHill.
8. Schaum’s Outlines:Programming with C++: by John R Hubbard.
9. Object Oriented Programming using C++: Somashekara, PHI.
10. C++ Spoken Tutorials by IIT Bombay.
14
 Department of Commerce and Business Management,
Kakatiya University, Warangal
B.Com III Year – V Semester (Taxation)

BC507: DIRECT TAX – I

Max Marks: 80UE+20IA

UNIT–I: ASSESSMENT OF HINDU UNDIVIDED FAMILY:

Meaning of HUF under Hindu Law and Under Income Tax Act – Schools of Hindu Law – Residential
status - Share of Income from HUF Property – Ancestral Property – Coparcener – Conversion of self-
acquired property into Joint Family Property – Partition of HUF – Computation of Total Income and
tax liability of an HUF.

UNIT-II: ASSESSMENT OF FIRMS AND ASSOCIATION OF PERSONS:

Meaning of Firms - Partner and Partnership – Essential Conditions for Firm assessed as such (PFAAS)

– LLP - Change in the Constitution of Firm and Succession of Firm – Remuneration and Interest
Payable to Partners – Provisions regarding set-off and Carry-Forward of losses by Firm – Conditions
for assessment of firm as Association of Persons (PFAAOP) – Concept of Conversion of firm into a
company – Problems on computation of Tax Liability.

UNIT–III: ASSESSMENT OF COMPANIES-I:

Meaning and types of Company - Residential Status of Company – Incidence of Tax – Scope of Total
Income - Provisions relating to computation of different heads of incomes: Income from house
property, income from business, capital gains, income from other sources.

UNIT–IV: ASSESSMENT OF COMPANIES-II:

Provisions relating to set off and carry forward of losses – Deductions from GTI with respect to
Companies – Computation of taxable income – Problems on computation of taxable income.

UNIT–V: ASSESSMENT OF COMPANIES-III:

Minimum Alternate Tax (MAT): Scheme of MAT – Computation of book profits – Computation of tax
liability – Dividend Tax: Special provisions relating to tax on Distributed Profits of Domestic
Companies u/s 115O- Special provisions relating to tax on distributed income of domestic companies
for buy-back shares u/s 115QA to 115QC -Problems on computation of tax liability of company.

SUGGESTED READINGS:

1) Income Tax Law and Practice: V.P. Gaur & D.B. Narang, Kalyani Publishers.
2) Direct Taxes Law & Practice: Dr. Vinod K. Singhania&Dr.KapilSinghania, Taxmann
3) Income Tax: B.B. Lal, Pearson Education.
4) Income Tax: M.Jeevarathinam& C. Vijay Vishnu Kumar, SCITECH Publications.
5) Taxation: R.G. Saha, Himalaya Publishing House Pvt. Ltd.
6) Income Tax: Johar, McGrawHill Education.
7) Taxation Law and Practice: Balachandran&Thothadri, PHI Learning
15
 Department of Commerce and Business Management,
Kakatiya University, Warangal

B.Com Final Year – V Semester (Taxation)

BC508- INDIRECT TAXES

Max. Marks: 80UE+20IA
UNIT-I: APVAT (Applicable in Telangana) -I:
Historical background – Statement of Objectives and Reasons

Definitions: Appellate Tribunal – Business - Casual trader - Commercial Tax Officer - Dealer -
Exempt Sale - Exempted Turnover - Fair Market Value – Goods - Goods Vehicle - Input Tax - Output
Tax - Purchase Price - Place of Business – Sale - Sale Price - Tax Invoice - Taxable Sale - Total
Turnover - Taxable Turnover - Turnover Tax - Turnover Tax Dealer – VAT - VAT Dealer - Works
Contract – Year - Zero-rated sales - Tax Deferment (only theory).

UNIT–II: APVAT (Applicable in Telangana) -II:

Registration Procedure – Determination of Taxable Turnover and Tax Payable – Act not to apply in
certain cases – Treatment of Works Contract – Hire Purchase- License and Lucky Draws – Tax
Deduction at Source – Input Tax Credit – Tax Returns - Tax Invoices - Credit note and Debit Note –
Powers of State Government to grant refund of tax (Including Problems).

UNIT–III: CENTRAL EXCISE ACT:

Central Excise Tariff Act – Principles of Classification – Chapter Notes and Section Notes – Kinds of
Excise Duty – Specific Duty - Tariff Value Based on Maximum Retail Price - Compounded levy -
Advalorem Duty – Assessable Value – Transaction Value – Inclusions in and Exclusions from
Transactional Value – Computation of Assessable Value (Including Problems).

UNIT–IV: CUSTOMS ACT:

Meaning and purpose of Customs Duty – Charging Section.

Definitions: Assessment – Baggage - Coastal Goods - Customs Station - Customs Area - Dutiable
Goods – Export - Export Goods – Goods - Foreign Going Vessel – Import - Imported Goods – Indian
Customs Waters – Stores - Smuggling – Types of Duties – Customs Tariff Act 1975 Import Procedure

– Valuation of Imported Goods – Assessment – Levy and Collection of Duty – Refund of Duty –
Remission and Abatement of duty (Including Problems).

UNIT–V: SERVICE TAX:

Historical Background – Overview of specified taxable services – Understand the taxability of specified
services – Valuation – Export of Services – Payment of Service Tax – Registration – CENVAT Credit –
Assessment Procedure – Offences – Penalties and Prosecution – Appeals.

SUGGESTED READINGS:

1. Indirect Taxes: V. S. Datey, Taxmann Publishers

2. Essays on Central Sales Tax Act, : P.S. Chandrasekhar, Sai Publications,
3. Service Tax: Taxmann Publications
4.AP Valued Added Tax Ordinance & Rules: Issued by Commissioners Taxes
5. Wealth Tax Act and Central Sales Tax Act: Gaur &Narang, Kalyani Publishers
6. Bare Acts of Indirect Taxes
16